Question

Checking account A charges a monthly service fee of $23 and a wire transfer fee of $7.50, while checking account B charges a monthly service fee of $14 and a wire transfer fee of $9.50. Which checking account is the better deal if four wire transfers are made per month?

A. Checking account A is the better deal, because the total monthly fees amount to $53, while those for checking account B amount to $52.
B. Checking account A is the better deal, because the total monthly fees amount to $52, while those for checking account B amount to $53.
C. Checking account B is the better deal, because the total monthly fees amount to $53, while those for checking account A amount to $52.
D. Checking account B is the better deal, because the total monthly fees amount to $52, while those for checking account A amount to $53.

Answer 1

D or Checking account B is the better deal because the total monthly fees amount to $52 while those for checking account A amount to $53

Step-by-step explanation:(Apex)

Answer 2

with 4 wire transfers....
account A :
23 + 4(7.5) = 23 + 30 = 53

account B :
14 + 4(9.5) = 14 + 38 = 52

checking account B is the better deal...because the total monthly fees amount to 52, while those for checking account A amount to 53